India's Strategic Anti-Dumping Duty Shields Adhesive Industry from Cheap Imports

India has implemented an anti-dumping duty of up to USD 557 per tonne on Epichlorohydrin from China, Korea, and Thailand for five years to protect domestic producers from low-cost imports. This measure follows recommendations from the Directorate General of Trade Remedies and aims to maintain fair trade practices.


Devdiscourse News Desk | New Delhi | Updated: 12-11-2024 17:53 IST | Created: 12-11-2024 17:53 IST
India's Strategic Anti-Dumping Duty Shields Adhesive Industry from Cheap Imports
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In a strategic move to protect its domestic adhesive industry, India has enforced an anti-dumping duty of up to USD 557 per tonne on Epichlorohydrin imports from China, Korea, and Thailand.

This new regulation, effective for five years, aims to shield Indian producers from the adverse effects of underpriced imports, following directives from the commerce ministry's Directorate General of Trade Remedies.

The implementation of such duties aligns with WTO guidelines to ensure fair trade and establish equitable competition between domestic manufacturers and international exporters.

(With inputs from agencies.)

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